Invoice Factoring is beneficial for numerous factors. It allows a trucking business to raise cash without acquiring brand-new financial obligation. While financial obligation is occasionally necessary, the majority of truck businesses would prefer to raise money without obtaining cash. Financial obligation is risky, and when it can not be repaid, possessions can be repossessed. If the financial obligation is large enough, it might even compel a freight broker firm out of business.
Receivables Mysteriously Disappear from the Books - Choose A Truck�Factoring Company Instead Of A Regular Bank Funding
Exactly how to Enhance Money Flow Without Borrowing -Cash Money flow is one of the main reasons companies fail.
At one time or another, every company, even effective ones, have actually experienced bad cash flow.
Cash flow does not have to be a problem any more. Do not be fooled -- banks are not the only places you can get financing. Other solutions are available and you do not have to borrow money. Exactly what is truck factoring ? One option is called truck factoring. Trucking Factoring is the procedure of selling invoices to a financier instead of waiting to gather the money from the
client. Oh, the Irony- Truck factoring has a paradoxical difference:
It is the financial
backbone of numerous of America's most effective companies. Why is this ironic ? Because accounts receivable factoring is not taught in business colleges, is rarely mentioned in company strategies and is fairly unknown to the majority of most of American business people.
Yet it is a financial procedure that frees billions of dollars every year, enabling countless businesses to grow and succeed. Receivable Loan Funding has been around for thousands of years. Receivable Loan Funding Businesses are financiers who pay money for the right to get the future payments on your invoices. An overdue receivable or invoice has value. It is a debt your client has to pay in the near future. Factoring Principals--Although factoring
deals exclusively with business-to-business deals, a big percentage of the retail company uses a factoring principal. MasterCard, Visa, and American Express all use a type of factoring in their retail deals. Using the purest meaning of the word, these large customer finance companies are really just large Accounts Receivable Factoring Businesses of consumer paper. Consider it: You make a purchase at Sears and charge
it to your MasterCard. The store makes money almost immediately, even though you do not make payment until you are prepared.
For this service, the charge card business charges XYZ Store a charge (typical common normal charges vary from 2 to four percent of the sale). The Advantages Receivable Loan Funding can offer many advantages to cash-hungry business. Instead of waiting 30, 60, 90 days or longer for payment on a product that has actually already been provided, a company can factor
(sell) its receivables for cash at a little price cut
off the dollar value of
the invoice. Payroll, advertising efforts, and working capital are simply a few of the business requirements that can be met with instant money.
Factoring offers the means for a producer to replenish stock and make more products to offer: There is no longer a need to wait for earlier sales to be paid. FACTORING is not just a money management tool for manufacturers: Practically any kind business can benefit from Invoice Factoring. Generally, a company that extends credit
will have 10 to 20 percent
of its yearly sales bound in invoices at any given time. Think for a minute about exactly how much is tied up in 60 days' worth of invoices: You can not pay the power bill or today s payroll with a customer s invoice, but you can sell that invoice for the money to meet those responsibilities. Using truck factoring companies is a fast and easy process. The factor purchases the invoice at a price cut, usually a few portion
points less than the face value of the invoice.
Chicago (i/??'k??go?/ or /??'k??go?/) is the third most populous city in the United States, after New York City and Los Angeles. With 2.7 million residents, it is the most populous city in both the U.S. state of Illinois and the American Midwest. Its metropolitan area, sometimes called Chicagoland, is home to 9.5 million people and is the third-largest in the United States. Chicago is the seat of Cook County.[a]Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and experienced rapid growth in the mid-nineteenth century. Today, the city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation, with O'Hare International Airport being the busiest airport in the world; it also has the largest number of U.S. highways, and railroad freight entering its region. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research Network, and ranks seventh in the world in the 2014 Global Cities Index. As of 2012[update], Chicago had the third largest gross metropolitan product in the United States, after the New York City and Los Angeles metropolitan areas, at a sum of US$571 billion.In 2012[update], Chicago hosted 46.37 million international and domestic visitors, an overall visitation record. Chicago's culture includes contributions to the visual arts, novels, film, theater, especially improvisational comedy, and music, particularly jazz, blues, soul, and the creation of house music. The city has many nicknames, which reflect the impressions and opinions about historical and contemporary Chicago. The best-known include the ""Windy City"" and ""Second City."" Chicago has professional sports teams in each of the major professional leagues.Chicago has the third largest gross metropolitan product in the United States�approximately $532 billion according to 2010 estimates, after only the urban agglomerations of New York City and Los Angeles, in the first and second place, respectively. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversification. Chicago was named the fourth most important business center in the world in the MasterCard Worldwide Centers of Commerce Index. Additionally, the Chicago metropolitan area recorded the greatest number of new or expanded corporate facilities in the United States for six out of the seven years from 2001 to 2008. The Chicago metropolitan area has the third largest science and engineering work force of any metropolitan area in the nation. In 2009 Chicago placed 9th on the UBS list of the world's richest cities. Chicago was the base of commercial operations for industrialists John Crerar, John Whitfield Bunn, Richard Teller Crane, Marshall Field, John Farwell, Julius Rosenwald and many other commercial visionaries who laid the foundation for Midwestern and global industry.
Aurora is a city predominantly in Kane County, with sections in DuPage, Kendall, and Will counties. It is located in the outer region of Greater Chicago in the U.S. state of Illinois. It is the second most populous city in the state, and the 114th most populous city in the country. The population was 197,899 at the 2010 census, and was estimated to have increased to 199,963 by July 2013.Once a mid-sized manufacturing city, Aurora has grown tremendously since the 1960s. Founded within Kane County, Aurora's city limits and population have since expanded into DuPage, Will, and Kendall counties. Between 2000 and 2003, the U.S. Census Bureau ranked Aurora as the 34th fastest growing city in the United States. From 2000 to 2009, the U.S. Census Bureau ranked the city as the 46th fastest growing city with a population of over 100,000.In 1908, Aurora officially adopted the nickname ""City of Lights,"" because it was one of the first cities in the United States to implement an all-electric street lighting system in 1881. Aurora's historic downtown is located on the Fox River, and centered on Stolp Island. The city is divided into three regions, The West Side, located on the west side of the Fox River, The East Side, located between the eastern bank of the Fox River and the Kane/DuPage County line, and the Far East Side/Fox Valley, which is from the County Line to the city's eastern border with Naperville.The Aurora area is home to an impressive collection of architecture, including structures by Frank Lloyd Wright, Ludwig Mies van der Rohe, Bruce Goff and George Grant Elmslie. The Hollywood Casino Aurora, a dockside gaming facility with 53,000 square feet (4,900 m2) and 1,200 gaming positions, is located on the river in downtown Aurora. Aurora is also home to a large collection of Catalog Homes (over 50 homes) and all-steel homes (seven homes).Aurora is on the edge of the Illinois Technology and Research Corridor. The city has a long tradition of manufacturing as does much of Chicago metropolitan area. Prominent manufacturers, past and present, included: . The most prominent employer and industry was the Burlington and Quincy Railroad (laterNorthern) which was headquartered in Aurora. The CB&Q Roundhouse is still standing, and is now the popular restaurant originally called Walter Payton's Roundhouse; after the estate terminated its involvement in 2009 it became known as America's Historic Roundhouse, and (following a 2011 change in ownership) it is now known as Two Brothers Roundhouse.
Rock is the third largest city in the U.S. state of Illinois, the 164th most populous city in the United States, and the 148th most populous region in the United States. It is the county seat of Winnebago County and is located on both banks of the Rock River in far northern Illinois. According to 2010 census data, the City of Rock had a population of 152,871, with an outlying metropolitan area population of 348,360, which was estimated to have decreased to 150,251 and 344,623, respectively, by July 2013.Settled between 1834 and 1835, Rock was strategically positioned between Chicago and Galena and thus became suitable for industrial development. Rock was notable for its output of heavy machinery and tools; by the twentieth century, it was the second leading center of furniture manufacturing in the nation. Its decline, emblematic of other cities in the Rust Belt, led to economic diversification into automotive, aerospace, and healthcare industries, as well as the undertaking of various tourism and downtown revitalization efforts.Referred to as the Forest City, Rock is known for various venues of cultural or historical significance, including Anderson Japanese Gardens, Klehm Arboretum, Tinker Swiss Cottage, the BMO Harris Bank Center, the Coronado Theatre, the Laurent House, and the Burpee Museum of Natural History. Moreover, its contributions to music are noted in the Mendelssohn Club, the oldest music club in the nation, and performers such as Trick.According to the City's 2009 Comprehensive Annual Financial Report, the largest employers in the city are:
Joliet (/'d?o?li.?t/ or /d?o?li'?t/) is a city in Will and Kendall counties in the U.S. state of Illinois, located 40 miles (64 km) southwest of Chicago. It is the county seat of Will County. As of the 2010 census, the city was the fourth largest in Illinois, with a population of 147,433, which was estimated to have increased to 147,806 by July 2013. It continues to be Illinois's fastest growing city. When Joliet was first planned in the early 1830s, it was still in Cook County. In 1836, it became the county seat of the new Will County.Like many Midwestern cities dependent on manufacturing industries, Joliet has experienced past economic troubles, with the unemployment rate reaching as high as 26% in 1983. However, current rates of unemployment in Joliet are around 8.6%. In part due to Joliet's proximity to the Chicago metropolitan area and the notion that the city is increasingly evolving from its status as a steel-town to an exurb. Still, most new migrants to the area are moving to Joliet to live, choosing to work in bordering Cook and DuPage counties. The downtown area, though downtrodden, is undergoing revitalization. It's still difficult to attract new businesses to the downtown area. Casino (formerly, Argosy Empress Casino) and the Rialto Square Theatre, the 'Jewel of Joliet', which has been called one of the world's 10 most beautiful theaters. The 1999 film Stir of Echoes starring Kevin Bacon had scenes shot on location in Joliet at the Rialto Square Theatre (the hypnotism scenes in which James saw the word ""Dig"" on the movie screen), at the corner of Scott Street and Washington, and at the old Menards that took over the Wieboltd's building at Jefferson Square Mall. The lobby of the Rialto Square Theatre also served the filming of John Goodman's .
Naperville is a suburb of Chicago, located in DuPage and Will counties in the State of Illinois. Naperville was voted the second-best place to live in the United States by magazine in 2006. It was rated 1st on the list of best cities for early retirement in 2013 by Kiplinger. In a 2010 study, Naperville was named the wealthiest city in the Midwest and eleventh in the nation with a population over 75,000. As of the 2010 census, the city had a total population of 141,853, which was estimated to have increased to 144,864 by July 2013. It is the fifth-largest city in Illinois, preceded by Chicago, Aurora, Rock, and Joliet. Approximately 95,000 Napervillians live on the DuPage County side, while about 45,000 reside on the Will County side. Once a quaint farming town, Naperville has evolved into an affluent city.Naperville is located within the Illinois Technology and Research Corridor. Employers contributing to the population explosion of the 1980s and 1990s included: Labs and WestElectric . labs has its corporate headquarters in Naperville, and Laboratory are also located nearby. Naperville was one of the ten fastest growing communities in the United States during the 1990s.
Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County with a population of 116,250, as of the 2010 U.S. Census, making it the sixth most populated city in the state. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was first settled by European Americans in the late 1810s, around the time Illinois became a state. The most famous past resident is Abraham Lincoln, who lived in Springfield from 1837 until 1861, when he went to the White House as President. Major tourist attractions include a multitude of historic sites connected with Lincoln.The city lies on a mostly flat plain that encompasses much of the surrounding countryside. Hilly terrain lies near the Sangamon River. Lake Springfield, a large artificial lake owned by the City Water, Light & Power company (CWLP), supplies the city with recreation and drinking water. Weather is fairly typical for middle latitude locations, with hot summers and cold winters. Spring and summer weather is like that of most midwestern cities; severe thunderstorms are common. Tornadoes hit the Springfield area in 1957 and 2006.The city is governed by a mayor�council form of government. The city proper is also the ""Capital Township"" governmental entity. In addition, the government of the state of Illinois is also based in Springfield. State government entities located in the city include the Illinois General Assembly, the Illinois Supreme Court and the Office of the Governor of Illinois. There are three public and three private high schools in Springfield. Public schools in Springfield are operated by District No. 186. The economy of Springfield is marked by government jobs, which account for a large percentage of the city's workforce.Many of the jobs in the city center around state government, headquartered in Springfield. As of 2002, the State of Illinois is both the city and county's largest employer, employing 17,000 people across Sangamon County. As of February 2007, government jobs, including local, state and county, account for about 30,000 of the city's non-agricultural jobs. Trade, transportation and utilities, and the health care industries each provide between 17,000 and 18,000 jobs to the city. The largest private sector employer in 2002 was Memorial Health Systems. 3,400 people worked for that company. According to estimates from the ""Living Wage Calculator"", maintained by Pennsylvania State University, the living wage for the city of Springfield is $7.89 per hour for one adult, approximately $15,780 working 2,000 hours per year. For a family of four, costs are increased and the living wage is $17.78 per hour within the city. According to the United States Department of Labor's Bureau of Labor Statistics (BLS), the Civilian Labor force dropped from 116,500 in September 2006 to 113,400 in February 2007. In addition, the unemployment rate rose during the same time period from 3.8% to 5.1%.
Peoria /pi?'??ri?/ is a city in and the county seat of Peoria County, Illinois, United States, and the largest city on the Illinois River. Established in 1691 by the French explorer Henri de Tonti, Peoria is the oldest European settlement in Illinois, and is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois, with a population of 115,007. The Peoria Metropolitan Statistical Area had a population of 373,590 in 2011. Peoria had a population of 118,943 in 2010, when far northern Peoria was also included. Peoria is the headquarters for Inc., one of the 30 companies composing the Dow Jones Industrial Average.Peoria's first major industry was started in 1830 by John Hamlin and John Sharp, who constructed the flour mill on Kickapoo Creek. In 1837, another industry was begun with pork planting industry. Many other industries started slowly in Peoria including carriage factories, pottery makers, wholesale warehousing, casting foundries, glucose factories, ice harvesting, and furniture makers.
Elgin /'?ld??n/ is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northwest of Chicago, it lies along the Fox River. As of 2013, the city had a total population of 110,145, making it the eighth-largest city in Illinois.
Waukegan /w??'ki?g?n/ is a city and the county seat of Lake County, Illinois, United States. As of the 2013 census estimate, the city had a population of 88,826. It is the ninth-largest city in Illinois by population. It is the fifth-largest city on the western shore of Lake Michigan, after Chicago, Milwaukee, Green Bay, and Kenosha.According to Waukegan's 2010 Comprehensive Annual Financial Report, the top employers in the city were:
Cicero is an incorporated town in Cook County, Illinois, United States. The population was 83,891 at the 2010 census. As of 2013, the town had a total population of 84,103, making it the tenth-largest municipality in Illinois. Cicero is named for the town of Cicero, New York, which in turn was named for Marcus Tullius Cicero, the Roman statesman and orator.
Champaign English /??�m'pe?n/ is a city in Champaign County, Illinois, United States. The city is located 135 miles (217 km) south of Chicago, 124 miles (200 km) west of Indianapolis, Indiana, and 178 mi (286 km) northeast of St. Louis, Missouri. Though surrounded by farm communities, Champaign is notable for sharing the campus of the University of Illinois at Urbana-Champaign with its sister city of Urbana. Champaign is also the home of Parkland College which serves about 18,000 students during the academic year. Due to the university and a number of well known technology startup companies, it is often referred to as the hub, or a significant landmark, of the Silicon Prairie. Champaign houses offices for Abbott, Archer Daniels Midland (ADM), , Deere & Company, Dow Chemical Company, IBM, State Farm, and Science Applications International Corporation (SAIC), all of which are Fortune 500 companies, and for Sony.The United States Census Bureau estimates the city was home to 83,424 people as of July 1, 2013. Champaign is the eleventh-most populous city in Illinois, and the fourth-most populous city in the state outside of the Chicago metropolitan area. In 2013, Champaign was rated fifth best place in the United States for a healthy work-life balance.In addition to the University of Illinois, Champaign is also home to Parkland College. Herff Jones, formerly the Collegiate Cap and Gown, also forms part of the city's industrial base.
Bloomington is a city in McLean County, Illinois, United States and the county seat. It is adjacent to Normal, Illinois, and is the more populous of the two principal municipalities of the Bloomington-Normal metropolitan area. The mayor of Bloomington is Tari Renner.The 2010 census showed the city had a population of 76,610. making it the 12th most populated city in Illinois, and the fifth-most populous city in the state outside of the Chicago Metropolitan Area. Combined with Normal, the twin cities have a population of roughly 130,000.According to Bloomington's 2011 Comprehensive Annual Financial Report the city is in a good financial position.
Decatur /d?'ke?t?r/ is the largest city and the county seat of Macon County in the U.S. state of Illinois. The city was founded in 1829 and is located along the Sangamon River and Lake Decatur in Central Illinois. In 2013 the city population was 74,710.The city is home of private Millikin University and public Richland Community College. Decatur has vast industrial and agricultural processing production, 
Arlington Heights is a village in Cook County in the U.S. state of Illinois. A suburb of Chicago, it lies about 25 miles (40 km) northwest of the city's downtown. The population was 75,101 at the 2010 census. It is the most populous community in the United States that is incorporated as a ""village"", although it is not far ahead of its nearby Illinois neighboring villages of Schaumburg and Bolingbrook and adjacent Palatine.Arlington Heights is known for Arlington Park Race Track, home of the Arlington Million, a Breeders' Cup qualifying event; it also hosted the Breeders' Cup Classic in 2002. The village is also home to the Arlington Heights Memorial Library, which has one of the largest collections in the state.
Evanston is a suburban city in Cook County, Illinois, United States, 12 miles (19 km) north of downtown Chicago, bordered by Chicago to the south, Skokie to the west, and Wilmette to the north, with a population of 74,486 as of 2010. It is one of the North Shore communities that adjoin Lake Michigan. The boundaries of the city of Evanston are coterminous with those of Evanston Township � although school districts 65 and 202 take in a small portion of eastern Skokie. Evanston is the home of Northwestern University.According to the City's 2009 Comprehensive Annual Financial Report, the top employers in the city are:
Schaumburg /'???mb?rg/ is a city located in Cook County in northeastern Illinois, United States. The city is a northwestern suburb of Chicago and is part of the Golden Corridor. Schaumburg is located roughly 28 miles (45 km) northwest of the Chicago Loop and approximately 10 miles (16 km) northwest of O'Hare International Airport. As of the 2010 census, the city had a total population of 74,227.The city contains the world headquarters of Solutions and one of only twotores in Illinois. It contains the Woodfield Mall, the 11th largest mall in The United States according to List of largest shopping malls in the United States, which at most times has over 300 stores. Schaumburg's transition from a rural community to that of a suburban metropolis began with Alfred Campanelli's first large scale suburban-style development in 1959 and Woodfield Mall's opening on September 9, 1971.Schaumburg is bordered by Hoffman Estates and Palatine to the north, Rolling Meadows to the northeast, Elk Grove Village to the southeast, Roselle to the south, Hanover Park to the southwest, and Streamwood to the west.
Bolingbrook, a suburb of Chicago, is a village in Will and DuPage counties in the U.S. state of Illinois. As of the 2010 US Census, the population is 73,366. It is the 17th largest incorporated place in Illinois.
Palatine is a village in Cook County, Illinois, United States. It is a northwestern residential suburb of Chicago. As of the 2000 census, the village had a total population of 65,479. In the 2010 census its population had risen to 68,557, making it the seventh-largest community in Cook County and the 18th-largest in the state of Illinois.JPMorgan Chase (Chase Cards) has a payment processing center located in Palatine.
Skokie (/'sko?ki/; formerly Niles Center) is a village in Cook County, Illinois, United States. Its name comes from a Potawatomi word for ""marsh"". A Chicago suburb, for many years Skokie promoted itself as ""The World's Largest Village"". Its population, according to the 2010 census, was 64,784. Sharing a border with the city of Chicago, Skokie's streets, like that of many suburbs, are largely a continuation of the Chicago street grid, and it is served by the Chicago Transit Authority, further cementing its connection to the city.Skokie was originally a German-Luxembourger farming community, but was later settled by a sizeable Jewish population, especially after World War II. At its peak in the mid-1960s, 40% of the population was Jewish, the largest percent of any Chicago suburb. In recent years, however, Skokie's population has become significantly more diverse, and several synagogues and Jewish schools have closed. However, Skokie still has a very large Jewish population. It is home to the Illinois Holocaust Museum and Education Center, which opened in northwest Skokie in 2009.Skokie has received national attention twice for court cases decided by the United States Supreme Court. In the mid-1970s, Skokie was at the center of a case concerning the First Amendment right to assemble and the National Socialist Party of America, a neo-Nazi group. Skokie ultimately lost that case. In 2001, although Skokie was not a direct party to the case, a decision by the village regarding land use led the court to reduce the power of the United States Environmental Protection Agency. In October 2013 Skokie was rated #71 on Americas top 100 places to live on the livability.com website.The village's AAA bond rating attests to strong economic health via prudent fiscal management. In 2003, Skokie became the first municipality in the United States to achieve nationally-accredited police, fire, and public works departments, and a Class-1 fire department, per the Insurance Services Office (ISO) ratings. Likewise, in 2003 magazine named Skokie one of the 80 fastest-growing suburbs in the U.S.
Des Plaines /d?s'ple?nz/ is a city in Cook County, Illinois, United States. It has adopted the official nickname of ""City of Destiny"". As of the 2010 census, the city had a population of 58,364. It is a suburb of Chicago and is next to O'Hare International Airport. The Des Plaines River runs through the city, just east of its downtown area.The largest employers in the city area:
Orland Park is a village in Cook County, Illinois, United States which in 2010 had a population of 56,767.25 miles (40 km) southwest of Chicago, Orland Park is close to several interstate highways, with the I-80 east-west coast connector as its southern border. The Metra commuter rail system links it to the Chicago Loop and from there to O'Hare and Midway airports.Businesses and jobs in the finance, retail, services and healthcare fields continue to grow in Orland Park. A recent study found that more than one million people a year come to Orland Park for health care services. Orland Park�s retail/commercial sectors remain strong, even in the current economic climate. Shopping complexes include: Orland Park Crossing and Orland Square Mall. The community�s culinary offerings are extensive as national chains are continually drawn to Orland Park, reporting outstanding sales numbers for these locations.
Tinley Park is a village located primarily in Cook County, Illinois, United States, with a small portion in Will County. The population was 56,703 at the 2010 census. It is one of the fastest growing suburbs south of Chicago. In 2009, Tinley Park was selected by BusinessWeek as the best place to raise a family in America.
Oak Lawn is a village in Cook County, Illinois, United States. The population was 56,690 at the 2010 census.Oak Lawn is a suburb of Chicago, located southwest of the city. It shares borders with the city in two areas, but is surrounded mostly by other suburbs.
Berwyn is a city in Cook County, Illinois, co-existent with Berwyn Township, which was formed in 1908 after breaking off from Cicero Township. As of the 2010 census, the city had a total population of 56,657.According to Berwyn's 2010 Comprehensive Annual Financial Report, the top employers in the city were:
Mount Prospect is a village in Elk Grove and Wheeling Townships in Cook County, Illinois, about 22 miles (35 km) northwest of downtown Chicago. As of the 2010 census, the village had a total population of 54,167.Companies based in Mount Prospect include org.
Wheaton is a city in Milton and Winfield Townships and is the county seat of DuPage County, Illinois, United "
2011 Comprehensive Annual Financial Report, the top employers in the city are:
DeKalb /d?'k�lb/ is a city in DeKalb County, Illinois, United States. The population was 43,862 according to the 2010 census. The city is named after decorated German war hero Johann de Kalb, who died during the American Revolutionary War.DeKalb is home to Northern Illinois University, the city's largest employer and the third largest campus in the state. Other large employers include , the local school district, and a large retail district along Hwy. 23 (and shared with Sycamore) that includesand dozens of other chain and local stores.
Moline (/mo?'li?n/ moh-LEEN) is a city located in Rock Island County, Illinois, United States, with a population of 43,977 in 2010. Moline is one of the Quad Cities, along with neighboring East Moline and Rock Island in Illinois and the cities of Davenport and Bettendorf in Iowa. The Quad Cities has a population estimate of 381,342. The city is the ninth-most populated city in Illinois outside of the Chicago Metropolitan Area. The corporate headquarters of Company is located in Moline, as is the headquarters of Kone in the United States, Quad City International Airport, Niabi Zoo, Black Hawk College, and the Quad Cities campus of Western Illinois University-Quad Cities. Moline is a retail hub for the Illinois Quad Cities, as Southpark Mall and numerous big-box shopping plazas are located in the city.In the mid-1990s, the city undertook major efforts to revitalize its central business district, which had declined after suburban growth and retail changes after the 1950s and 1960s. Today, Moline's downtown again serves as one of the civic and recreational hubs of the Quad Cities; many events take place at the 12,000-seat i wireless Center (formerly known as The MARK of the Quad Cities) and at John Commons. Downtown Moline features hotels such as Radisson and Stoney Creek Inn, and commercial areas such as Bass Street Landing and the historic 5th Avenue.According to the City's 2009 Comprehensive Annual Financial Report, the largest employers in the city are:
Lombard is a village in DuPage County, Illinois, United States, and a suburb of Chicago. The population was 42,322 at the 2000 census. The United States Census Bureau estimated the population in 2004 to be 42,975. The village's challenge to the Census Bureau regarding its official 2010 population was accepted, revising the official population of the village from 43,165 to 43,395.
Buffalo Grove is a village located in the northern suburbs of Chicago, and in Cook and Lake counties in Illinois, United States. Buffalo Creek was named when bison were seen drinking from the creek by the Potawatomi, French & English, and when bison bones were found in the area. Bison also grazed and rested in the grove thus lending itself to the name of the village.As of the 2010 census, the village population was 41,496. In July 2009, Buffalo Grove was listed at No. 65 on Money magazine's ""best places to live"" list. The village is home to two annual festivals, the Buffalo Grove Days held in September and an Arts Festival held in mid-July. Throughout the village, there are a number of various business parks. The village president is currently Jeffrey Braiman. Most of the village is located within the 10th Congressional District of Illinois, but the southern portion is represented in the 8th Congressional District.
Not to be confused with Urbana, Champaign County, OhioUrbana, IllinoisCityA snowy day in Carle Park west of the Urbana High School. On the right is a statue of Abraham Lincoln by Lorado Taft.CountryUnited StatesStateIllinoisCountyChampaignUrbana /?r'b�n?/ is a city in and the county seat of Champaign County, Illinois, United States. The population was 41,250 at the 2010 census. Urbana is the tenth-most populous city in Illinois outside of the Chicago metropolitan area.Most of the campus of the University of Illinois at Urbana-Champaign is located in Urbana.
Bartlett is an upper-middle class village located in both Cook County and DuPage County, Illinois. A small parcel on the western border is in Kane County. The population was 41,208 at the 2010 census.Apart from the downtown area, Bartlett has a large retail area centered by the intersection of Illinois Route 59 and Stearns Road. Businesses include, but are not limited to:
Crystal Lake is a city located in southeastern McHenry County in the northeastern part of the US state of Illinois. It is named after Crystal Lake, a lake located 1.6 miles (2.6 km) west-southwest of downtown Crystal Lake. Crystal Lake is about 45 miles northwest of Chicago. The population was 38,000 at the 2000 census, but in 2010 the population was 40,743. Crystal Lake is the largest city in McHenry County, part of the Chicago metropolitan area.The economy of Crystal Lake is fairly decentralized, as there is no central industry within the city. There are several large companies, but none of them is a majority employer. The main economic activities in the city are retail, dining, and light industry. This includes small, specialized, local-owned shops and restaurants as well as broader-ranged national chains. There are several industrial parks in Crystal Lake, which are full of small, independently-owned businesses which engage in various industries, such as landscaping or automotive repair.
Quincy (/'kw?nsi/ KWIN-see), known as Illinois's ""Gem City,"" is a city on the Mississippi River and the county seat of Adams County, Illinois, United States. As of the 2010 census the city held a population of 40,633, up from 40,366 in 2000. During the 19th Century, Quincy was a thriving transportation center as riverboats and rail service linked the city to many destinations west and along the river. It was once Illinois' second-largest city, surpassing Peoria in 1870. The city holds several historic districts, including the Downtown Quincy Historic District and the South Side German Historic District showcasing the architecture of Quincy's many German immigrants from the late-19th century.Today, Quincy remains a prominent river city. It has been twice recognized as an All-American City and is a participant in the Tree City USA program. In the fall of 2010, Magazine listed Quincy as the eighth ""Best Small City To Raise A Family.""Companies based in Quincy include Niemann Foods, Gardner Denver and The Knapheide Manufacturing Company. Harris' Television and Radio Transmission has a facility in town. Titan Wheel (Titan International) is also located in Quincy. Blessing Hospital and the Quincy Public Schools are the top three employers in the area.
Streamwood is a village of Cook County, Illinois, United States. The population was 39,858 at the 2010 census. It is a northwest suburb of Chicago, and is a part of the Chicago metropolitan area.Streamwood is one of the three communities that make up the so-called ""Tri Village"" area, along with Bartlett and Hanover Park. Streamwood was first incorporated as a village on February 9, 1957.
Carol Stream is a village in DuPage County, Illinois, United States. Incorporated on January 5, 1959, and named after the developer's daughter, Carol Stream had a population of 40,438 as of the 2000 U.S. census. In 2011 CNN's Money Magazine ranked Carol Stream #69 on its list of 100 best places to live in the United States.According to the Village's 2009 Comprehensive Annual Financial Report, the top employers in the city are:
Romeoville is a village in Will County, Illinois, United States. The population was 39,680 at the 2010 census. It is located in the southwest suburban area of Chicago near the newly constructed I-355 extension south from the Stevenson Expressway (I-55) to I-80.
Plainfield is a village in Will County, Illinois, United States. The US Census Bureau estimates the population at 40,466 as of 2012.The village includes land in Plainfield and Wheatland townships. Part of Plainfield is located in Kendall County (Na-Au-Say and Oswego townships). With the growth in the Chicago suburbs in the 1990s and 2000s, the village has seen a building boom and a rapid population increase, from 4,500 in 1990 to 13,000 in 2000 to over 37,000 in 2007. Based on estimates created by the village and state government, Plainfield's population could grow to 62,000 by 2030. Plainfield is also the fastest growing village in Will County.The village has established a community Preservation Commission and historic preservation ordinance. It is the home of the Lake Renwick Preserve, a county forest preserve used for birdwatching and other activities.
Rock Island is a city in and the county seat of Rock Island County, Illinois, United States. The population is about 40,000. Located on the Mississippi River, it is one of the Quad Cities, along with neighboring Moline, East Moline, and the Iowa cities of Davenport and Bettendorf. The Quad Cities has a population of about 380,000. The city is home to Rock Island Arsenal, the largest government-owned weapons manufacturing arsenal in the US, which employs 6,000 people.The original Rock Island, from which the city gets its name, is the largest island in the Mississippi River. It is now called Arsenal Island.Rock Island has been named one of the 10 most exciting places in Illinois. Movoto Real Estate, a national real estate company, put Rock Island behind only Evanston and Woodstock and ahead of Chicago in its list of the state's 10 most fun cities.Rock Island ranked No. 1 in nightlife locales per capita in Illinois and No. 6 in music venues per capita. The city also has ""a ton of comedy clubs and off the grid venues.According to the City's 2010 Comprehensive Annual Financial Report, the largest employers in the city are:
Hanover Park is a village in Cook and DuPage counties in the U.S. state of Illinois, a suburb of Chicago. The population was 37,973 at the 2010 census. Ontarioville is a neighborhood within the village.
Carpentersville is a village in Kane County, Illinois, United States. The population was 37,691 at the 2010 census.
Wheeling is a village located primarily in Cook County, Illinois, United States. It is a suburb of Chicago. A small portion of the village lies in Lake County. The population was 37,648 at the 2010 census.
Park Ridge is an affluent Chicago suburb with a population at the 2010 census of 37,480 residents. It is located 15 miles (24 km) northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, and rail transportation. It is a part of the Chicago metropolitan area, bordering two northwestern neighborhoods of Chicago's Far North Side (Edison Park and Norwood Park).As its name suggests, Park Ridge lies on a ridge. The soil is abundant with clay deposits, which made it a brick-making center for the developing city of Chicago. Park Ridge was originally called Pennyville to honor George Penny, the businessman who owned the local brickyard along with Robert Meacham. Later it was named Brickton. The Des Plaines River divides Park Ridge from neighboring Des Plaines, which is west of Park Ridge. Chicago is south and east of Park Ridge, and Niles and unincorporated Maine Township are to its north.Park Ridge is the hometown of former First Lady and U.S. Secretary of State Hillary Rodham Clinton. When she visited Park Ridge on the occasion of her 50th birthday in 1997, the city renamed the southeast corner of the intersection of Elm and Wisner streets, next to her girlhood home, ""Rodham Corner"". Park Ridge is also the hometown of movie stars Carrie Snodgrass and Harrison Ford. All three attended Maine Township High School East. Mrs. Clinton, the youngest of the three, spent her senior year at Maine Township High School South, a new school built to accommodate the population of baby boomers coming through at the time.According to Park Ridge's 2012 Comprehensive Annual Financial Report, the top employers in the city are:
Calumet City (/k�l.ju?'m?t/ kal-ew-MET) is a city in Cook County, Illinois, United States. The population was 37,042 at the 2010 census, a decline of 5.2% from 2000. The ZIP code is 60409.Calumet City (commonly referred to locally as ""Cal City"") was founded in 1892 when the villages of Schrumville and Sobieski Park merged under the name of West Hammond, since it lies on the west side of the Illinois-Indiana border from Hammond, Indiana. In 1924, West Hammond officially changed its name to Calumet City.In addition to being bordered to the east by Hammond, it is also bordered by Burnham and Chicago to the north, Lansing to the south, and South Holland and Dolton to the west.
Addison is a village located west of the Chicago Metropolitan Area, in DuPage County, Illinois, United States. The population was 36,942 at the 2010 census.The Village of Addison lies on Salt Creek. The community itself was originally named Dunkley's Grove after the settler Hezekiah Dunklee, and was renamed after a town in England or the 18th-century writer Joseph Addison.The Addison Industrial District was the proposed location for the reconstruction of Comiskey Park before it was voted down.Adventureland amusement park was located in Addison (Lake and Medinah) during the 1960s and 1970s.Rich Veenstra is the Mayor of Addison. Other elected officials include Village Trustees Sylvia Layne, Harry Theodore, Tom Hundley, Bill Lynch, Cathy Kluczny and Joe McDermott, and Village Clerk Lucille Zucchero.The town of Triggiano, Italy is the sister city of AddisonAccording to Addison's 2011 Comprehensive Annual Financial Report, the top employers in the city were:
Glendale Heights is a village in DuPage County, Illinois, United States. The population was 31,765 at the 2000 census. It is best known nationally as the hometown of Smashing Pumpkins founder Billy Corgan, but known more locally for its ethnically diverse population. The town elected Dupage County's first Asian mayor in 1995.
The city of Pekin /'pi?k?n/ is the county seat of Tazewell County in the U.S. state of Illinois. Located on the Illinois River, Pekin is the largest city of Tazewell County and part of the Peoria metropolitan area. As of the 2010 census, its population is 34,094. A small portion of the city limits extend into Peoria County. Pekin is the 13th-most populous city in Illinois outside of the Chicago Metropolitan Area.Pekin's Mineral Springs Park is located near Pekin Hospital and the Miller Senior Center. The city is also home to a high-rise residential facility of the United Auto Workers; the home of the Pekin Federal Correctional Institution; and the headquarters of a regional insurance company, Pekin Insurance.
Northbrook is a village on Chicago's North Shore, located at the northern edge of Cook County, Illinois, United States. The population was 33,170 at the 2010 census.When incorporated in 1901, the village was known as Shermerville in honor of Frederick Schermer, who donated the land for its first train station. The village changed its name to Northbrook in 1923 as an effort to improve its public image. The name was chosen because the West Fork of the North Branch of the Chicago River runs through the Village.Glenbrook North High School, founded in 1953 as Glenbrook High School, is located in Northbrook. The village is also home to Northbrook Court shopping mall, the Ed Rudolph Velodrome, and the Northbrook Public Library.Northbrook had 15,613 employed civilians as of the 2006�2008 census estimate, including 6,841 females. Of the civilian workers, 12,458 were private for profit wage and salary workers.
Elk Grove Village is a municipality located in northeastern Illinois adjacent to O'Hare International Airport and the city of Chicago. The village is located primarily in Cook County with a small portion in DuPage County. The population was 33,127 at the 2010 census. As the name suggests, Elk Grove Village is home to a small herd of elk kept in a grove at the eastern edge of the Busse Woods forest preserve for which the grove is named. Elk are not native to the area but were brought from Montana by an early resident, Busse, in the 1920s. The elk are currently maintained by the Chicago Zoological Society veterinary staff and the Busse Woods Forest Preserve wildlife biologists.Elk Grove Village is home to the largest consolidated business park in North America. The business park comprises 5.9 square miles (3,776 acres) and continues to expand. There are nearly 3,600 businesses operating in the business park, employing nearly 100,000 persons.
Danville is a city in and the county seat of Vermilion County, Illinois, United States. As of the 2010 census, its population was 33,027.
St. Charles is a city in Kane and DuPage counties of Illinois, United States, and is roughly 40 miles (64 km) west of Chicago on Illinois Route 64. According to a U.S. Census Bureau estimate in July 2012, the city has a total population of 33,327. The official city slogan is Pride of the Fox, after the Fox River that runs through the center of town. St. Charles is part of a tri-city area along with Geneva and Batavia, all western suburbs of similar size and relative socioeconomic condition.According to St. Charles' 2009 Comprehensive Annual Financial Report, the top employers in the city are:
Woodridge is a suburb of Chicago, located primarily in DuPage County, Illinois, with portions in Will County and Cook County. It uses the 630 and 331 area codes. The population was 32,971 at the 2010 census. Woodridge is the home of the Home Run Inn pizzeria chain and Pabst Brewing Company.Woodridge was incorporated on August 24, 1959, with less than 500 residents, on a wooded area of high ground overlooking the DuPage River's East Branch. Woodridge is a young community with the vast majority of its homes, businesses, and churches constructed after the 1950s. Woodridge was founded by a housing developer, Albert Kaufman, who was largely responsible for the creation of the village.In July 2007, Woodridge was ranked No. 61 on Money magazine's ""100 Best Places to Live"".Woodridge is bordered by Naperville to the west, Downers Grove to the northeast, Darien to the east, Lemont to the south, Bolingbrook to the southwest, and Lisle to the northwest.
North Chicago is an outer suburb of the Chicago metropolitan area and is an incorporated city in Lake County, Illinois, United States. The population was 32,574 at the 2010 census.North Chicago hosts the Great Lakes Naval Training Center and the headquarters of Abbott Laboratories and AbbVie.The city is also home to Rosalind Franklin University of Medicine and Science, which houses the Chicago Medical School, the Dr. William M. Scholl College of Podiatric Medicine, the College of Pharmacy, the College of Health Professions, and the School of Graduate and Postdoctoral Studies.
Galesburg is a city in Knox County, Illinois, in the United States. As of the 2010 census, the city population was 32,195. It is the county seat of Knox County. Galesburg is home to Knox College, a private four-year liberal arts college, and Carl Sandburg College, a two-year community college.Galesburg City Township is an active township that is coterminous with the city.Galesburg is the principal city of the Galesburg Micropolitan Statistical Area, which includes all of Knox and Warren counties.
Gurnee is a village in Lake County, Illinois, United States. The population was 31,295 at the 2010 census. The village borders the city of Waukegan and is considered a part of the Chicago metropolitan area. Gurnee is perhaps best known for being the location of Six Flags Great America, a major regional theme park, and Gurnee Mills mall, together drawing in over 26 Million visitors annually.Gurnee is home to Gurnee Mills, the fourth largest shopping mall in Illinois. Gurnee is also home to Six Flags Great America, a large amusement park, along with Key Lime Cove Water Resort.
Mundelein is a village in Lake County, Illinois, in the United States. As of the 2010 census, the village population was 31,064. It is approximately thirty-five miles northwest from Chicago.According to Mundelein's 2011 Comprehensive Annual Financial Report, the top employers in the village are:
Oswego is a village in Kendall County, Illinois, United States. The village population, according to the 2010 census, is 30,355. Its population has more than doubled since the 2000 census count of 13,326. With that growth, Oswego is the largest municipality located completely within Kendall County.Oswego is known to some Chicago area residents for the town dragstrip, open from 1955 until 1979, where muscle cars were raced by drivers from all over the Midwest. The drag days are celebrated today even though the strip has been closed for decades.
Chicago Heights is a city in Cook County, Illinois, United States. The population was 30,276 at the 2010 census. Chicago Heights is nicknamed ""Crossroads of the Nation"".
Algonquin is a village in Illinois located in both McHenry and Kane counties. It is a northwest suburb of Chicago, located approximately 40 miles from the Loop. The 2010 Census placed the Village's population at 30,046, growing considerably from the 2000 Census figure of 23,276.The village is known as ""The Gem of the Fox River Valley"", since its downtown is nestled in the heart of Illinois' Fox River Valley. Established in 1890 and long known as a small river community, the village is making the transition into a major regional hub, as it has experienced considerable suburban growth over the past 20 years. Now stretching all the way west to the busy Randall Road corridor, Algonquin has become a major center of retail activity, with a popular shopping commons and various well known restaurants, and a growing business center. Additionally, the village continues to see considerable residential growth. In wake of the growth, the village has had to deal with challenges such as traffic congestion and overburdened schools. In spite of this, the Village has managed to grow its commercial tax base, preserve its character and history, and substantially increase its recreational offerings.A growing number of businesses can be found in Algonquin. From a manufacturing corridor along Algonquin Road between Pyott Road and Route 31 to a planned corporate campus on the west side of Randall Road, industry is a significant part of the Algonquin area economy.
Granite City is a city in Madison County, Illinois, United States, within the Greater St. Louis metropolitan area. The population was 29,849 at the 2010 census, making it the second largest city in the Metro-East and Southern Illinois behind Belleville. Officially founded in 1896, Granite City was named by the Niedringhaus brothers, Henry and Frederick, who established it as a steel making company town for the manufacture of kitchen utensils made to resemble granite.
Niles is a village in Maine and Niles townships, Cook County, Illinois, United States. The 2010 population from the U.S. Census Bureau was 29,803.The current mayor of Niles is Andrew Przybylo.According to the Village's 2010 Comprehensive Annual Financial Report, the top employers in the city are:
Highland Park is an affluent suburban municipality in Lake County, Illinois, United States, about 26 miles (42 km) north of downtown Chicago. As of the 2010 census, the population was 29,763. Highland Park is one of several municipalities located on the North Shore of the Chicago Metropolitan Area.The international headquarters of the Solo Cup Company was formerly located in Highland Park, before relocating to neighboring Lake Forest in 2009.
Lake in the Hills (often abbreviated L.I.T.H. or LITH) is a village in McHenry County, Illinois, United States. The population was 23,152 at the 2000 census. A 2006 special census put the village's population at 29,175. At the 2010 census, the population dropped slightly to 28,165.The village is most known for its rampant residential growth which occurred most heavily in the 1990s. Once a sleepy lakeside village of cottages and small ranches, its population skyrocketed as developers flocked to the area in the 1990s. Its population increased by 17,000 people (a nearly 400% increase) over this period, making it one of the most rapidly growing suburbs of Chicago and in the United States at that time. At the height of its building boom, the village issued over 1,000 residential building permits in 1995.In the late 1990s, the village faced the challenge of providing adequate services and infrastructure as well as establishing an identity and community unity, since many community services (Libraries, Schools, Fire Districts) were pre-delegated to neighboring communities like Huntley, Algonquin and Crystal Lake. However, the village continues to expand its resources and community offerings and is also endeavoring to diversify its tax base and provide more commercial and industrial businesses.
Burbank is a city in Cook County, Illinois, United States. The population was 28,925 at the 2010 census. It is located at the southwest edge of the city of Chicago; the Chicago city limit � specifically that of the Ashburn neighborhood � is in common with Burbank's eastern city limit. Burbank shares a boundary with Oak Lawn to its south, Bridgeview to its west, and Bedford Park to its north; the city of Hometown is also adjacent to Burbank's southeast corner. Burbank is less than two miles south of Chicago Midway International Airport. The current mayor is Harry J. Klein, who took office in 1991.
Lansing is a village in Cook County, Illinois, United States. Lansing is a southern suburb of Chicago. The population was 28,331 at the 2010 census.
O'Fallon is a city in St. Clair County, Illinois, United States, and one of the fastest-growing communities in the Metropolitan St. Louis area. The 2010 census listed the city's population at 28,281. The city is the third largest city in the Metro-East and Southern Illinois. Due to its close proximity to Scott Air Force Base, the population receives a boost from military and federal civilian personnel, defense contractors, and military retirees.The city center is located approximately two miles east of the intersection of Interstate 64 and U.S. Route 50.O'Fallon, along with its namesake in St. Charles County, Missouri is part of the St. Louis Metropolitan Statistical Area. This makes O'Fallon (along with the two Troys in Illinois and Missouri) one of the few pairs of like-named municipalities to be part of the same MSA.
Round Lake "
Hills State Park and Volo Bog State Natural Area preserve some of these unique natural features. Northern Illinois Medical Center (NIMC) campus calls McHenry home and provides emergency and in and out-patient health care services to the City and surrounding areas. Steady residential growth has resulted in significant commercial development. The north Richmond Road corridor has become a destination for shoppers in the northern Illinois and southern Wisconsin areas with numerous ""big box"" retailers and smaller chains. The City has also been very diligent and active in preserving, promoting and revitalizing its three downtown districts: Main Street, Green Street and Riverside Drive.
Batavia is a suburb of Chicago. It was founded in 1833, and is the oldest city in Kane County, Illinois. A small portion of Batavia lies in DuPage County. During the latter part of the 19th century, Batavia became known as �The Windmill City� for being the largest windmill producer of the time. Fermilab, a federal-government-sponsored high-energy physics laboratory, where both the bottom quark and the top quark were first detected, is located in the city. Batavia is part of a Tri-Cities area, along with St. Charles and Geneva, all western suburbs of similar size and relative socioeconomic condition. As of the 2010 census, the city had a total population of 26,045, which was estimated to have increased to 26,318 by July 2012.Aldi, Inc., the U.S. subsidiary , has its headquarters in Batavia.
Carbondale is a city in Jackson County, Illinois, United States, within the Southern Illinois region informally known as ""Little Egypt"". The city developed from 1853 because of the stimulation of railroad construction into the area. Today the major roadways of Illinois Route 13 and U.S. Route 51 intersect in the city. The city is 96 miles (154 km) southeast of St. Louis, Missouri, on the northern edge of the Shawnee National Forest. Carbondale is the home of the main campus of Southern Illinois University.As of the 2010 census, the city had a population of 25,902, and it is the state's 20th-most-populated city outside of the Chicago Metropolitan Area. In addition, the city is the most populous in Southern Illinois outside of the St. Louis Metro-East region, and the most populous city in the Carbondale-Marion-Herrin, Illinois Combined Statistical Area and the Metro Lakeland area. The CSA has 126,575 residents, the sixth-most-populous Combined statistical area in Illinois.
Freeport is the county seat and largest city of Stephenson County, Illinois. The population was 25,638 at the 2010 census, and the mayor of Freeport is James Gitz, elected in 2013. Freeport is known for hosting the second Lincoln-Douglas debate of 1858, and as ""Pretzel City, USA"", named after the heritage of its Germanic settlers in the 1850s and the pretzel company that started as a result of their arrival. Freeport High School's mascot is the Pretzel to honor this unique heritage.
Belvidere /'b?lv?d??r/ is a city in Boone County, Illinois, United States. The population was 25,585 as of the 2010 census. It is the county seat of Boone County. Belvidere is part of the Rock, Illinois Metropolitan Statistical Area.
Collinsville is a city located mainly in Madison County, and partially in St. Clair County, both in Illinois. As of the 2010 census, the city had a population of 25,579, an increase from 24,707 in 2000. Collinsville is approximately 12 miles from St. Louis, Missouri and is considered part of that city's Metro-East area. It is the home of the Brooks Catsup Bottle Water Tower, the world's largest ketchup bottle, and is the world's horseradish capital. Monks Mound, the largest man-made earthwork in the North America, and now part of the Cahokia Mounds State Historic Site, is located here.
Melrose Park is a village in Cook County, Illinois, United States. It is a suburb of Chicago. As of the 2010 census it had a population of 25,411. Melrose Park has long been home to a large Italian-American population, and the Chicago Outfit.The suburb was the home of Kiddieland Amusement Park from 1929 until 2010, and the current home of Maywood Park Racetrack, the Shrine of Our Lady of Mt. Carmel, and , Inc., which is now the world's last manufacturer of coin-operated pill machines.There is a Metra railroad station in Melrose Park with daily service to Chicago. Melrose Park is home to two hospitals, Westlake Hospital and Gottlieb Memorial Hospital.Navistar International has a factory and an engine group office in Melrose Park. Melrose Park Immediate Care is a medical and dental clinic located in downtown Melrose park.
Harvey is a city in Cook County, Illinois, United States, near Chicago. The population was 25,282 at the 2010 census. The city suffers from high levels of poverty (33.2%) and unemployment (22.0%).Harvey is bordered by Dixmoor and Riverdale to the north, Dolton, Phoenix, and South Holland to the east, East Hazel Crest to the south, and Hazel Crest, Markham and Posen to the west.
Vernon Hills is an affluent northern suburb of Chicago in Lake County, Illinois, United States. The population was 20,120 at the 2000 census, and 25,113 at the 2010 census. Vernon Hills serves as a retail hub for its surrounding area (Libertyville, Lake Forest, Mundelein, Lincolnshire, Buffalo Grove).When Electronics was an independent company, its headquarters were in Vernon Hills.
Elmwood Park is a village of the northwest side of the city of Chicago in Cook County, Illinois, United States. The population was 24,883 at the 2010 census. The community has long maintained a large Italian-American population, with a more recent iux of Polish-American and Hispanic residents. One of Elmwood Park's most notable establishments is Beef, which is known for its Italian-style beef sandwiches.
Lockport is a historic city in Will County, Illinois, United States, located 30 miles southwest of Chicago. Lockport was listed on the National Register of Historic Places on May 12, 1975. The city was incorporated in 1853 and is situated along the Illinois and Michigan (I&M) Canal. Recently, it was named one of the fastest-growing suburbs in America, by Magazine. The scenic golf course, walking paths, vintage downtown, parks and recreation and accessibility to I-355 and 80 add to the city's appeal.Lockport was the headquarters of the operationally defunct Illinois and Michigan Canal. A section of the canal runs through Lockport, including the remains of the canal's Lock No. 1 from which the town received its name. The canal right-of-way is now the Illinois and Michigan National Heritage Corridor. Because of proactive efforts dating back several years, the city of Lockport is one of the best-preserved Canal sites in existence today.
Woodstock is a city located 51 miles (82 km) northwest of Chicago in McHenry County, Illinois, and is the county seat of McHenry County. The population was 20,151 at the 2000 census. The 2010 census shows 24,770 residents. The city is the home of the historic Woodstock Opera House and Old McHenry County Courthouse. The city was named in 2007 as one of the nation's Dozen Distinctive Destinations 2007 by the National Trust for Historic Preservation.According to Woodstock's 2013 Comprehensive Annual Financial Report, the top employers in the city are:
Westmont is a village in DuPage County, Illinois, United States. Westmont is a community of 5.03 square miles in area. Westmont had a 2000 population of 24,554, a partial special census was conducted 2007 resulting in a population of 26,211, and the census of 2010 put the population at 24,685. It is located approximately 18 miles (29 km) west of the Chicago Loop in the southeastern portion of DuPage County.The toy company Ty, The Great American Bagel Bakery, and transportation company SIRVA are based in Westmont.
Zion is a city in Lake County, Illinois, United States. The population was 22,866 at the 2000 census, and had grown to 24,413 as of the 2010 census. The city was founded in July 1901 by John Alexander Dowie. He also started the Zion Tabernacle of the Christian Catholic Apostolic Church, which was the only church in town. It was built in the early 1900s and burned down in 1937.
New Lenox is a village in Will County, Illinois, United States. The village population was 24,394 as of 2010. The Chicago Metropolitan Agency for Planning forecasts New Lenox will have a population of 90,652 in 2030.
Edwardsville is a city in Madison County, Illinois, United States. As of the 2010 census, the city population was 24,293. It is the county seat of Madison County and is the third oldest city in the State of Illinois. The city was named in honor of Ninian Edwards, then Governor of the Illinois Territory.Southern Illinois University Edwardsville, the Edwardsville Arts Center, the Edwardsville Journal, the Madison County Record, and the Edwardsville Intelligencer are located here. Edwardsville High School and Metro-East Lutheran High School serve students in the area. It is also home to some of the area's biggest construction companies, including Construction.Edwardsville is a part of Southern Illinois, the Metro East region, and Greater St. Louis. It is near Glen Carbon, Illinois. It is part of the Edwardsville School District, which also includes the villages of Glen Carbon, Hamel, and Moro, as well as the townships areas around them.A 2010 issue of Family Circle magazine named Edwardsville third of their ""Top 10 Best Towns for Families.""
Huntley is a rapidly growing village in McHenry and Kane Counties, Illinois. In 2008, the U.S. Census Bureau estimated the village's population to be 22,923. As of the 2000 Census, the village had a mere 5,730 people, meaning the village's population had quadrupled in eight years. At the 2010 census, the village's population was 24,291. Government officials in Huntley, an outer suburb of Chicago, have adopted an aggressive development strategy regarding this population growth. Currently, the village has 14.10 sq mi (36.5 km2), 14.07 of which is land.Huntley is best known for its Prime Outlets mall and Sun City retirement community, the largest in the Midwest. The old part of Huntley is also known for its public square which features a gazebo, as well as a full brick-paved street (Woodstock St.) and 50s-style diner, The Huntley Dairy Mart. The village's slogan is ""The Friendly Village with Country Charm.""The village is a haven for industrial businesses, as it is located along the high truck-traffic corridors of Illinois Route 47 and I-90 and a branch of the Chicago & Northwest rail line, and also maintains comparably low taxes, wide open spaces, and equal proximity to Chicago, Rock, and Wisconsin.
Homer Glen is a village, located 25 miles (40 km) southwest of downtown Chicago, in Homer Township, Will County, Illinois. The village was incorporated on April 17, 2001. Homer Glen is the safest place to live in Illinois and it was also named the 3rd International Dark Sky Community in the world. Homer Glen is only the fourth community in the world and the first municipality in the State of Illinois to be awarded this honorable designation. The Village of Homer Glen received this award because of its �exceptional dedication to the preservation of the night sky through the implementation and enforcement of quality lighting codes, dark sky education and citizen support of dark skies.""Homer Glen is an upscale suburban gem offering a unique blend of open space, beautiful residential developments and vibrant commercial corridors with significant commercial growth potential. Homer Glen�s gently rolling terrain is dotted with prairie grasses, stands of trees and cultivated fields. Homer Glen: Community and Nature...in Harmony.
Rolling Meadows is a city in Cook County, Illinois, United States. The population was 24,099 at the 2010 census.The Chicago-area office of Huawei is located at 3601 Algonquin Road. The Chicago-area sales office of Airlines is located at Suite 1010 of Continental Towers # 3.
Maywood is a village in Proviso Township, Cook County, Illinois, United States. It was founded on April 6, 1869, and organized October 22, 1881. The population was 24,090 at the 2010 United States Census.
Blue Island is a city in Cook County, Illinois, located approximately 16 miles (26 km) from the Chicago Loop. Blue Island is adjacent to the city of Chicago and shares its northern boundary with the city's Morgan Park neighborhood. The population was 23,706 at the 2010 census.Blue Island was established in the 1830s as a way station for settlers traveling on the Vincennes Trace, and the settlement prospered because it was conveniently situated a day's journey outside of Chicago. The late nineteenth-century historian and publisher Alfred T. Andreas made the following observation regarding the physical appearance of the nascent community in his History of Cook County Illinois (1884), which must have played at least a part in its ability to attract settlers in the early years: ""The location of Blue Island Village is a beautiful one. Nowhere about Chicago is there to be found a more pleasant and desirable resident locality.""Since its founding, the city has been an important commercial center in the south Cook County region, although its position in that respect has been eclipsed in recent years as other significant population centers developed around it and the region's commercial resources became spread over a wider area. In addition to its broad long-standing industrial base, the city enjoyed notable growth in the 1840s during the construction of the feeder canal (now the Calumet Sag Channel) for the Illinois and Michigan Canal, as the center of a large brick-making industry beginning in the 1850s (Blue Island was at one time considered to be the brick-making capitol of the world), and, beginning in 1883, as host to the car shops of the Rock Island Railroad. Until the Eighteenth Amendment put them out of business in 1919, Blue Island was home to several breweries who used the east side of the hill to store their product before the advent of refrigeration. A large regional hospital and two major clinics are located in the city.Although initially settled by ""Yankee"" stock, Blue Island has been the point of entry for many of America's immigrants, beginning in the 1840s with the arrival of a large German population that remained a prominent part of the city's ethnic makeup for many years. Indeed, by 1850 fully half of Blue Island's population was either foreign-born or the children of foreign-born residents. Later, significant groups came from Italy, Poland, Sweden and Mexico.
Machesney Park is a village located in Winnebago County, Illinois, United States. The population was 23,499 at the 2010 census, up from 20,759 at the 2000 census. Machesney Park is a suburb of Rock, Il and is part of the Rock, Illinois Metropolitan Statistical Area.
East Peoria is a city in Tazewell County, Illinois, United States. The population was 23,402 at the 2010 census. East Peoria is part of the Peoria, Illinois Metropolitan Statistical Area, located across the Illinois River from downtown Peoria. It is home to many Caterpillar Inc. facilities.The city is also the site of the home campus of Illinois Central College, a regional community college and the Par-A-Dice Hotel and Casino. The main commercial area of East Peoria is just across the river from downtown Peoria. In concert with the renovation of old Caterpillar factories, the development of the downtown Peoria Riverfront Museum and Caterpillar Visitors Center, and the renovation of Interstate 74 and of the area's bridges, East Peoria's downtown and urban area have developed as well. In 2011 and 2012, a major renovation of Washington Street and other downtown and city streets took place, and plans were announced to add a full-service Holiday Inn Center that would feature another high-level restaurant. In addition, ground was broken in June 2012 for the new Fondulac District Library, to be completed by the end of 2013.
Morton Grove is a village in Cook County, Illinois, United States. As of the 2010 census, the population was 23,270, for a growth rate of 3.6% since 2000.The Village President of Morton Grove since May 13, 2013, is Mayor Daniel P. DiMaria.The village is named after former United States Vice President Levi Parsons Morton, who was the driving force behind allowing the old Miller's Mill road (now Lincoln Avenue) to pass through the upstart neighborhood, and provide goods to trade and sell. Morton Grove was incorporated in December 1895.The village serves as the headquarters for Alpha Delta Phi fraternity.
Dolton (pronounced ""DAWL-ton"") is a village in Cook County, Illinois, United States. The population was 23,153 at the 2010 census. Dolton is located just west of the expressway Interstate 94 and immediately south of the city limits of Chicago. Its most common ZIP code is 60419.Dolton has one large water tower, visible from Sibley Boulevard, and also from Greenwood Avenue. It has a wide base and is painted powder blue with the word ""DOLTON"" on the top.Dolton is bordered by Chicago to the north, Riverdale and Harvey to the west, South Holland to the south, and Calumet City to the east.Dolton is the hometown of former star , At the Movies with Ebert & Roeper co-host Richard Roeper, actress Jane Lynch and Chicago Sun-Times editor-in-chief Jim Kirk.
Roselle is a village in DuPage County and Cook counties in northeastern Illinois, United States. It was first incorporated in 1922 and is a bedroom community, with residents generally commuting to Chicago or nearby suburbs for their jobs. As a result, the early rural atmosphere of the community has been lost over the past 30 years. As of the 2010 census, the village's population was 22,763. Roselle is a western suburb of Chicago and is part of the Chicago metropolitan area.
Lisle is a village in DuPage County, Illinois, United States. The population was 21,182 at the 2000 census, and as per City Data in 2012 22,687. It is part of the Chicago metropolitan area and the Illinois Technology and Research Corridor. It is also the headquarters of the Nuclear Regulatory Commission Region III.In July 2007, Lisle was ranked #20 in magazine's list of ""100 Best Places to Live"" and #17 on their 2009 list of the ""Best Places for the Rich and Single"".
Darien is a city in DuPage County, Illinois, USA. The population was 22,086 at the 2010 census.A suburb of Chicago, Darien was named after a town in Connecticut.
South Holland is a village in Cook County, Illinois, United States, within Thornton Township. The population was 22,030 at the 2010 census.
Bloomingdale is a village in DuPage County, Illinois, United States, approximately 25 miles west of Chicago. The population was 22,018 at the 2010 census.
South Elgin is a village in Kane County, Illinois, United States. The population was 16,100 at the 2000 census, and estimated to be 20,758 as of 2005. In July 2007, magazine named South Elgin as 82 of 100 entries in its ""America's Best Places To Live"" edition.
Park Forest is a village located south of Chicago in Cook County and Will County, Illinois, United States. As of the 2010 census, the village had a population of 21,975. Park Forest is bordered by Olympia Fields to the north, Chicago Heights to the east, University Park to the south (formerly Park Forest South), and Richton Park and Matteson to the west.
Villa Park is a village in DuPage County, Illinois, United States, within the Chicago metropolitan area. The population was 22,075 at the 2000 census.
Charleston is a city in Coles County, Illinois, United States and is also the county seat. The population was 21,838, as of the 2010 census. The city is home to Eastern Illinois University and has close ties with its neighbor, Mattoon, Illinois. Both are principal cities of the Charleston�Mattoon Micropolitan Statistical Area.Modern Charleston is home to Eastern Illinois University, which employs almost 2,000 full-time faculty and staff and has roughly 12,000 undergraduate and graduate students. Additionally, Eastern Illinois hosts the Illinois High School Association's Girls Badminton, Journalism, and Girls and Boys Track and Field State Finals.
Geneva is a city in and the county seat of Kane County, Illinois, United States. It is located on the western fringe of the Chicago suburbs. Geneva is located between Batavia and St. Charles. As of a July 2011 official US Census Bureau estimate, the city had a total population of 21,707. Geneva is part of a tri-city area, along with St. Charles and Batavia. The area is currently experiencing a high level of population growth as Chicago's urban sprawl spreads farther west.Geneva is a popular tourist destination with its scenic location along the Fox River and numerous shops and restaurants. There is an extensive bike trail system in Geneva including portions of the Fox River Trail and the Illinois Prairie Path. Geneva has an active historical society, the Geneva History Center, located in downtown Geneva as well as the Fabyan Windmill, an old Dutch windmill dating back to the 1850s. In 2013 it was nominated by Bloomsberg Business Week as the best place to raise a kid in Illinois. The city is home to the baseball club of the Midwest League.
East Moline is a city in Rock Island County, Illinois, United States. The population was 21,302 at the 2010 census. East Moline is one of the five Quad Cities, along with the cities of Rock Island, Moline, and the Iowa cities of Davenport and Bettendorf. The Quad Cities has a population estimate of 381,342.According to the 2010 census, the city has a total area of 14.76 square miles
Grayslake is a village in Lake County in the U.S. state of Illinois. It is located in the Chicago metropolitan area, about 40 miles (64 km) north of Chicago's downtown, 14 miles (23 km) west of Lake Michigan, and 15 miles (24 km) south of the Wisconsin border. The village's population at the 2010 census was 20,957.Grayslake is home to the College of Lake County, the University Center of Lake County and the Lake County Fairgrounds. There are tentative plans to develop a lifestyle shopping center on the previous location of the Lake County Fairgrounds. At the south end of Grayslake, there are plans for a 640-acre (260 ha) development containing light industry, office space and residential space.
Crest Hill is a city in Will County, Illinois, United States. The 2010 census put Crest Hill's population at 20,837.
Libertyville is a village in Lake County, Illinois, United States and an affluent northern suburb of Chicago. It is located 5 miles (8 km) west of Lake Michigan on the Des Plaines River. The 2010 census population was 20,315. (There is also a township of the same name, which includes the village and some surrounding areas.) Located in northeastern Illinois, southwest of Waukegan and west of Lake Forest, its immediate neighbors are Mundelein to the west, Green Oaks, Mettawa, and Rondout to the east, Gurnee to the north, Grayslake to the northwest, and Vernon Hills to the south.According to the Village's 2013 Comprehensive Annual Financial Report, the top employers in the city are:
Evergreen Park is a village in Cook County, Illinois, United States. The population was 19,852 at the 2010 census.
Lake Zurich is a village in Lake County, Illinois, United States, a northwest suburb of Chicago. The population was 19,631 at the 2010 census.The village is named after a water body named Lake Zurich which is completely located inside the village.In 2006, Lake Zurich was named by as one of the top hundred ""Best Places to Raise Your Family"" and by U.S. News as one of the ""Top Twenty-five Afable Places to Live in the Country"".
Jacksonville is a city in Morgan County, Illinois, United States. The population was 19,446 at the 2010 census. It is the county seat of Morgan County.Jacksonville is the principal city of the Jacksonville Micropolitan Statistical Area, which includes all of Morgan and Scott counties.Jacksonville is the home of the Company, manufacturer of Ferris wheels and other amusement rides such as the rambler. W.E. Sullivan founded the firm with the introduction of his first portable Wheel on the Jacksonville Square on May 23, 1900. Jacksonville was once home to the Son Company, one of the largest manufacturers of textiles and clothing in the United States, and owned by the family, which was intermarried with the family of Jacob Bunn of Springfield, Illinois, and Chicago.
Lake Forest is a city located in Lake County, Illinois, United States. As of the 2010 census it had a population of 19,375. The city is south of Waukegan along the shore of Lake Michigan, and is a part of the Chicago metropolitan area and the North Shore. Lake Forest was founded around Lake Forest College and was laid out as a town in 1857 as a stop for travelers making their way south to Chicago. The Lake Forest City Hall, designed by Charles Sumner Frost, was completed in 1898 and originally housed the fire department, the Lake Forest Library, and city offices.
Homewood is a village in Cook County, Illinois, United States. The population was 19,323 at the 2010 census. Homewood is a sister city to Homewood, Alabama. In 2007, magazine rated Homewood as one of the three most ""livable"" suburbs in the Chicago Metropolitan Area.
Macomb /m?'ko?m/ is a city in and the county seat of McDonough County, Illinois, United States. It is situated in western Illinois southwest of Galesburg. The city is about 75 miles southwest of Peoria, IL and 77 miles southeast of the Quad Cities. A special census held in 2014 placed the city's population at 21,516. Macomb is the home of Western Illinois University.
Alsip is a village in Cook County, Illinois, United States. The population was 19,277 at the 2010 census. It is a suburb of Chicago.Alsip was settled in the 1830s by German and Dutch farmers. The village is named after Frank Alsip, the owner of a brickyard that opened there in 1885. The village began to grow after the Tri-State Tollway was built there in 1959.
Bellwood is a village in Proviso Township, Cook County, Illino"
The American Trucking Association
mentions that there are about
195,000 work with transportation
250,000 personal companies trucking
firms licensed to
operate in the United States that carried,
according to their latest searchings for billions of
items, materials and
standard products .
There are several typical
teams on our country
roads transporting these
important products to our
stores, factories and shipping ports.
Plus freight factoring
countless of them and offer their
accounts receivablesfinancing services
including the following states.
Alaska, Arizona, Arkansas,
California, Colorado, Connecticut, Delaware,
Florida, Georgia, Hawaii, Idaho State,
Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming
The dollar gross state product for Illinois was estimated to be US$652 billion in 2010. Illinois' major agricultural outputs are corn, soybeans, hogs, cattle, dairy products, and wheat. In most years, Illinois is either the first or second state for the highest production of soybeans, with a harvest of 427.7 million bushels (11.64 million metric tons) in 2008, after Iowa's production of 444.82 million bushels (12.11 million metric tons). Illinois ranks second in U.S. corn production with more than 1.5 billion bushels produced annually. Illinois is a leader in food manufacturing and meat processing. Illinois is one of the nation's manufacturing leaders, boasting annual value added productivity by manufacturing of over $107 billion in 2006. About three-quarters of the state's manufacturers are located in the Northeastern Opportunity Return Region, with 38 percent of Illinois' approximately 18,900 manufacturing plants located in Cook County. As of 2006, the leading manufacturing industries in Illinois, based upon value-added, were chemical manufacturing ($18.3 billion), machinery manufacturing ($13.4 billion), food manufacturing ($12.9 billion), fabricated metal products ($11.5 billion), transportation equipment ($7.4 billion), plastics and rubber products ($7.0 billion), and computer and electronic products ($6.1 billion).[
EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!
Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs
The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.
The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.
Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen
Life of a Truck driver, like many other professionals can be very challenging, rewarding, and frustrating at the same time. �The com� is an information site for many of the Truckers needs. It is designed to encompass the needs of the Trucker, both on the Road and at Home.
List of Trucking Companies for Owner/Operators and Company Drivers
EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!
Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs
Life of a Truck driver, like many other professionals can be very challenging, rewarding, and frustrating at the same time. �The com� is an information site for many of the Truckers needs. It is designed to encompass the needs of the Trucker, both on the Road and at Home.
List of Trucking Companies for Owner/Operators and Company Drivers
Lewis Truck & Haul have been operating their business since the mid 1980s. They've delivered goods for nearly every major industry in the nation and for 20 plus years, business was booming as they've traversed the country in all weather for all clients. During the heady times from 2002 to 2007, Lewis was a top rated accounts receivable mastermind of the trucking industry. Very few customers were behind on their bills, and those customers who were late turned in their overdue payments within an acceptable time frame. Times were great for everyone, and the cash was flowing.It was just one year later, in 2008, when the economy in the United States took a sharp decline, and both large and small businesses started to notice the squeeze on their pocketbooks: everyone had suddenly gone silent. Business slowed to a crawl
. And worse yet, Lewis had noticed during the early part of 2008 that though the bulk of their clients were always on time with payments, the few late-bloomers there were, had seemingly started to spread this illness. And as spring turmed to summer and summer into the early days of fall, Kevin Bishop, CEO of Lewis felt a chill go down his spine whenever he would look at the weekly A/R reports. The numbers of clients who owed him back debt were growing.He had already been to the administrators to ask what the actual problem was. Were they doing something wrong or different when it came to reaching out to delinquent accounts? By his bookkeepers records, this wasn't the case. He thought perhaps that he was losing clients to a competitor who offered rock-bottom prices with little to no guarantee of quality performance, and that the folks who owed Lewis money had jumped ship and decided to leave him holding the bag.
. They could not afford to pay him their debt, but they could afford a lesser service, maybe. But after doing the cursory research for this and talking to friends in the field, he found that alas, no, customers of Lewis hadn't gone elsewhere. The had just gone!.To Kevin Bishop the situation looked desperate. Kevin was very concerned, because there were constant overheads, goods to ship, employees to pay, and trucks which needed to be maintained, but there just wasn't the money coming back into the business. In the evenings he would discuss his concerns with his wife, Sarah, and still find no relief from the worry and frustration.
""I have a bad feeling, Lin,"" he'd sadly say to his wife.""What could you do differently?"" she would say.Kevin would stare off into the distance, and then slowly close his eyes. In his mind he could clearly see the fleet of trucks purchased over the many years. He could see them traveling, bringing goods to all of his clients. But then a haze would cover his trucks and his vast fleet would vanish to leave just a few. What could cause this ultimate death spiral of business?""I think I know what it could be,"" said Kevin. ""I've relied too long on the profits I receive from invoices alone. For too long I've been allowing our clients to let their accounts become overdue."" Sarah would look at her husband lovingly, and holding his hand would say 'it is such a harsh economy these days and our clients must be having difficulty meeting their responsibilities'.""Kevin knew his wife meant well, but he knew that he was responsible for too many people to sit idly by, waiting for the sun to peak over the clouds.The following day Kevin walked into his office with a spring in his step, determined to call each and every client who owed money to Lewis Truck & Haul. This wasn't really a very efficient way for a Chief Executive to spend his day, and Kevin knew he should be overseeing all the other sides of the business, such as shipments and deliveries, approaching prospective customers, or working with his sales team. But, he felt like he was doing something proactive to help his business, even though he had staff on salary to do just that thing. A waste of time - a waste of money - he had the best intentions, but all the while Kevin was realising just how much trouble he was in.Poor Kevin spent the whole morning trying in vain to contact his debtors: they promised to call back, dodged his calls, or made small interest-only payments. He was beginning to feel quite despaired when his secretary knocked on his door.
""Can I have a word with you Kevin?"" she asked standing in the doorway.
""Of course Marjorie, please come in."" Kevin relaxed back into his chair and looked up at Marjorieerley.""Well, I did a little searching this afternoon and tried to figure out a way out of this mess Kevin."" She pulled a small stack of papers from a folder and set them on the desk before him.""Have you ever heard of factoring?"" Marjorieerley asked.""It sounds vaguely familiar. What is factoring""? he asked.""Well,"" she began, ""It�s actually quite simple really.
Basically, factoring invoices means that we would get paid immediately for the loads we haul.""Kevin interrupted ""Immediately?"".""Yes, immediately,"" she continued, ""it is actually very simple. We can have an expert account manager review our numbers and help us complete a company profile. Included in the profile would be the investigation of our accounts receivable aging reports, our current customers' credit limits etc.. Additionally, the factoring will help to determine the creditworthiness of our customers independent of their credit history with our business. It�s a broad view.""I see,� Kevin said. �And then what?""Well, after their review, and we�re approved for a factoring contract, we can negotiate terms and conditions. You'll be surprised at the amount of flexibility, all dependent upon the credit histories and business volume.
The company will advise us the cost to purchase factoring for our company's accounts receivable. We come to an agreement and the funding starts pouring out.�Leaning forward, Kevin studied the documents very closely.""I do not know, Marjorie - it just sounds too good to be true"", Kevin said quietly.""Yes, I know; that's exactly what I thought at the beginning. But think about it, Kevin: they've guaranteed that experts will do all the paperwork, and that will free us up to do what we should be doing - focusing on our customers in good standing, and that kind of stuff. They appear to be very flexible, Kevin,"" she drew a circle around a paragraph on the document before him.""How flexible?"" he asked.""It seems that they personalize their factoring charges so that the amount they're prepared to work with is commensurate with our client's debt and our needs. Apparently they can figure this all out in two to four days.
""That sounds pretty good, seeing as we tapped ourselves out with bank loans last year to repair the fleet and money sure is tight. it is imperative that we keep the business rolling as usual, and every day we go unpaid we are getting closer and closer to dealing with some serious issues in both the short term and the long term,"" Kevin said.He took a deep breath and looked at his secretary with something she recognized as hope.""Exactly�. This could be the answer to our prayers: it will solve many problems we are facing due to these unpaid debts.""Kevin took a moment to think about this solution, and agreed with his secretary. The customers who were in debt to Lewis Truck & Haul were professional resources of the company, but they were also long-standing friends. They did not want to throw away these relationships because they were having trouble paying their bills now. Kevin knew only too well that the whole economy was floundering, and that it was not going to change overnight. That unknown amount of time could create a disaster situation for both of them if he wasn't careful in how these debtors were handled. Of course he did not want to lose any more money, but he did not want to lose business either.""Well, let me think about this tonight Marjorie, thank you."" Marjorie nodded, satisfied with her work, and she left the office feeling quite content in the knowledge that she had helped Kevin keep the shirt on his back, and possibly hers too.Kevin sat behind his desk and looked over the details Marjorie had not mentioned in their meeting. What other issues could freight factoring help Lewis with? With his pencil gliding down the sheet he noticed that the factoring company could help fray the cost of fuel with fuel discount cards and fuel advances. In fact, Lewis could receive up to fifty-percent cash advances upon load pick-ups. As a man who hated binding contracts with no room to breathe, he was pleased to see that this factoring company would not make him sign a long term contract, would not make him pay any sign up fees and there was no minimum volume required.""I must tell Kurt the good news,"" muttered Kevin to himself.Kurt is Kevin's son-in-law, and he really admired the ideas behind Lewis, so much so that only two years before he had started his own transportation service business. Kevin knew then what struggles Kurt would face but he encouraged him nonetheless. With the economy the way it was, if an established company such as Lewis was struggling then the little guys, like Kurt, were going to be in even more trouble. Perhaps the antidote to these problems was in freight factoring, and they were about to find out.Some months later, having successfully gone through the entire process of the application, having experts study his credit history and statements and review his accounts receivable, Kevin found that he was starting his journey out of the despair which had been created for him by his delinquent account holders.They adopted reasonable factoring purchase contracts and stopped wasting their own precious time trying to collect debts. They used that time to refocus their efforts in being competitive in new territories. Kevin looked back on the dismal months of life before freight factoring and almost shuddered at the thought. Had he missed the boat on this one, he probably wouldn't be in business today.
More Trucking Factoring Companies Story Articles
Factoring in the Future of a Trucking Business: A Story Shawn Simmons let the phone ring on his desk. His morning coffee cooled and his cigarette smoked away in the tray: Shawn is thinking, and pondering the biggest decision he's ever had to make for his trucking business. Simmons Trucking Company was at a turning point of growth and Shawn had to decide if signing with a factoring company was the right way forward.
Shawn�s father had started as an owner-operator and had grown Simmons Trucking Company into a fifteen trailer fleet over forty years. Yes, they had survived some very difficult times when it appeared like they might go under, and even Shawn's mother had jumped into the cab at times to make hauls. His father had lived long enough to witness the price of hires drop during the recession and watch the eruption of fuel prices afterwards. But now things were different: the company was in Shawn's hands and he needed to ensure that this business would be left in great shape for his sons.
To move Simmons Trucking Company ahead into the future, he needed a steady cash flow but there was just not enough money to go around. He had employees to pay. They all have families and the usual household bills. Some of the refrigerated trailers were in need of repairs and he felt to stay competitive it was also a good idea to invest in specialized haulers to be ready for the constant requests he was getting for loads of new energy and agriculture equipment. He knew that turning down these requests made Simmons Trucking look inefficient and weak in what was currently a strong market.
His father would have told him to wait and to take his time adding on new technology. Shawn chuckled, thinking about his father. His father had been against placing GPS units in the cabs. His Dad would say ""Why on earth do you need some stranger telling you to get off the exit that everyone knows has been there for years?� Also his father had the habit of teasing all the drivers he caught switching into automatic even though driving in automatic was much more efficient though not manly in his father�s eyes. His father days were long gone and technology was actually an important improvement for the business such as having Qualcomm to cut down on fruitless time communicating on the phone for bills of lading.
Shawn believed a successful man is always thinking of his next step. What would be the next step for Simmons Trucking? And how would he be able to afford it? Business funding was tied up in fuel bills and the mortgage for the garage and office. He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys.
He wondered about factoring - was this the answer for him? If he was being honest, he did not really understand how it all worked. It sounded like a ninth grade math problem and he wondered how this would fit into the trucking business. Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. In return, the factoring company pays the trucking business straight away, providing immediate cash flow for the business to pay staff, purchase fuel, and do any repairs or maintenance. Without this assistance, you're placed in the position of waiting for payment from your customers, and this can often be thirty days, or more. In those 30 days, a trucking company can�t pay its bills and employees in invoices.
Now it was time for Shawn to do his homework. Shawn had heard that there were companies that charged for same day money transfers and would only advance a percentage of the money owed to your company while holding the rest in a private account if they didn�t get their bill payment within 60 or so days. Plus it was worse still if the customer didn�t pay up at all because then the factoring company would take it right out of the money supposed to be coming to you! Through the grapevine, he�d also heard about how some companies suddenly slipped you onto a sliding scale of percentages even if you had already signed a lengthy contract for maybe 3% or 7% so there you are with 10% coming as a cost to you out of the freight bill. His friend Ronnie who had a trucking business in Missouri, was run nearly into the ground by a factoring company that charged him the full freight bill on top of the factoring fees. He knew he would have to be very careful if he was to avoid any of these shady companies?
But it turned out to be quite easy. When he called the factoring companies he discovered they were very open about their business practices, and very friendly and helpful. Customer service appeared to understand their company and explained in clear, concise English exactly how it all worked. He didn�t mind signing an exclusive contract. He liked the idea of a long term commitment so he knew he wouldn�t have to bother going back and forth to different companies and wasting time filing more forms. Nobody charged him for credit checks and they offered him a fuel advance on the pick-up of the load. In fact there were a few companies who offered him a non-recourse factoring program, and this was exactly what he had been hoping for. He was more than happy with the figures he was offered in percentage terms on the freight bills. It was good money.
For Shawn it was quite a relief to be dealing with the factoring company. They were more personable than those loan managers at the bank. He was relieved to note that the factoring companies understood the trucking business and discussed business with him like a respected client, not like someone looking for a handout. The factoring companies were not interested in his credit nor the financial problems his father had experienced in the past. Factoring was based on the credit of his customers and on their reliability which worked well for Shawn because he and his father had built up good strong relationships over decades with their list of clients. So he knew they would understand when the factoring company contacted them for the invoices. His clients would not have any problems, nor would they think poorly of Simmons Trucking, because the factoring companies handle themselves in such a polite and professional manner, similar to the way his father had managed the business in the past.
Shawn stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. There was a new bounce is his step now: he knew instinctively that this new step would raise the future of his company to a new and higher level, and that all the stress from the past could now be put behind him. He suddenly realized that, with this new cash flow, he could actually expand Simmons Trucking Company and who knows, move into Canada, which had always been his dream. He was a happy man again knowing that he had just made a decision which would guarantee the success of his business and his sons would not be inheriting a financial mess.
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Trucking Factoring Articles
�So, this is not a loan?� Alvin Smith asked as he leaned back in his chair, crossing his legs. The woman sitting across the desk from Alvin smiled at him, shaking her head.�No, not exactly,� she stated.Alvin Smith owned a small trucking company, and his business had recently fallen on difficult times. Certainly the trucking business can be an extremely profitable venture, and for many years it had been that way for Leon. He named his business Davidson Trucking, named after Andy and Edward, his two grandfathers. Both of these men had been very hardworking and had set a great example for Leon.Six months ago disaster struck Leon's business when two out of his fleet of fifteen trucks were taken off the road.
One was a roll-over and ended up in the trucking graveyard: the other was involved in a serious and costly accident. Alvin depended on his full fleet, and missing two trucks was devastating . Furthermore, buying a whole new truck and fixing the other simply took more cash than Alvin had on hand.A big problem a lot of trucking companies came across was how bills were paid in the industry. You could go a month or more before bills were completely paid off. In the long run, this wasn�t an issue, but if problems arose, you could find yourself in trouble.Alvin was an excellent business man, and he certainly hadn't done anything wrong. Things had happened that he could not have predicted, and he had to figure out a way to keep his business from hurting, or even going under.That�s where the woman across the desk came in. Her name was Wendy and she worked for a factoring company. Alvin had come across her company as he sat in his office late one night, pouring over the internet for some solution to his problem long after his employees had gone home.Wendy explained. �It�s not a loan, we purchase your accounts receivable. We aren�t giving you money to be paid back later, we�re buying something from you, and you can buy it back when you can. That way we�re protected from a complete loss, but you�re protected from the outrageous fees you would find in a loan from the bank.Alvin agreed. It sounded perfect - perhaps too good?.The woman laughed. �I'm not sure that you believe me,� she chuckled.�Oh no, I do: it just sounds too good to be true. I thought I was going to lose my company.�Wendy smiled, agreeing. �We get that a lot. There's no way we want to see you lose your business. You work hard, you�ve put everything you can into it. Sometimes you need help. That�s what we�re here for.""Well, I'm very grateful that you came to see me today.""No problem - I'm just down the road. We normally do it all online but I was happy to come and visit you today,� Wendy said with a smile. �Let's work out a solution to your problem.�And right there and then they created a business profile. Alvin filled the form out, with Wendy available to help him if he needed it. The completed profile gave Wendy and her company all the information they needed on Leon's business, and with this information they would determine if this business would in fact be suitable for Factoring. Unfortunately, not all companies are. Some businesses are beyond the help of a Factoring company, while other businesses weren't in enough financial stress to warrant it. As Alvin completed his form, Wendy listened to his story and she felt quite sure he would be the ideal candidate for Factoring.When the form was done Wendy took it and slid it into her briefcase. She then stood, reached across the desk and shook Leon�s hand. He also stood up, and they smiled at each other. Alvin walked Wendy to the door where they said 'Goodbye', then he went back into his office.His employees were there, seven who worked in the office, and as he sat behind his desk once more he heard the familiar clack of fingers on keyboards, the electronic whine of the copy machine.He shut his eyes. He had felt so helpless lately, was sure the whole thing was collapsing, and would take him with it. But now, after speaking to Wendy and learning all about Factoring, he felt such a huge relief, like someone had just lifted a huge weight off his shoulders. He sat back in his chair and ran a hand through his graying but still thick black hair.The long nights, where he couldn�t sleep. The sudden panic attacks, not matter where he was. Already he could feel all the stress start to drain away. He wasn�t out of the woods yet, there was still a lot of work to be done, but he could feel it. He was still here; he knew this was the right path for him, and he felt proud that he had taken the appropriate steps to sort out his problems.His mind wandered back to the very beginning, when he first started his business. At twenty-two and straight out of school he had opened a restaurant. It had been successful. Offering home cooking in his own hometown, his business had really prospered.But he had gotten bored. He wasn't passionate about the food industry. He thought long and hard, and then he decided to sell the restaurant. He took half a year off, and in that time he thought to start Davidson Trucking. And that's exactly what he did. For the second time in his short life he created a company from the ground up. The business had been an instant success.And then the trucks went down, and his success looked to be in flux. He was about to turn fifty. He was concerned that he just did not have the energy left to try and save the business. But giving up wasn't part of his personality either.
The idea of cutting his losses, shutting down, laying off his workers, it actually made him sick some nights. He did not want to quit - both for himself and for his staff members.And now, because of factoring, he was sure he wouldn�t have to. Leon's eyes opened, he sat forward in his chair and turned on his computer. He had lots to do. There would be plenty of time later to be thankful, but for now it was time to get back to work.
More Trucking Factoring Company Story Articles
Reasons why Truck Establishments Work with Factoring Companies.
As the operator of your own business enterprise, you may be more than conscious already of the difficulty in making sure that capital concerns do not become a problem down the line. Anyway, the toughest thing that can quite possibly take place for your company is to find yourself swept up in a long and challenging situation that leaves you forever searching for the resources you necessitate on an recurring manner.
For any business in this circumstance, the trouble can come for waiting for work to clear up and actually be compensated into your account. Invoices, checks, and the like can take some time to actually to be taken care of which can leave you with momentary capital issues. Fortunately, there are options out there for enterprises to delve into-- and just one of these is factoring agencies.
Factoring agencies will, in trade for your accounts, give you with the cash money now so you do not have to stress over the waiting phase that could make paying off the bills and purchasing toolsmore difficult. With this kind of arrangement, invoice factoring can become extraordinarily valuable for countless businesses who have to avoid a money pitfall which they have found themselves in.
For the reason that, depending on the size of the task, it can take up to 60 days for a number of enterprises to get paid then it is important to cover your own back and certainly not leave yourself funds short to pay the bills. After all, how many business enterprises possess two months revenue just lying there to address all their overheads till they earn?
This is most notably correct of truck establishments. They often tend to take care of tons of accounts which means a considerable volume of collection period concerns business owner themselves. Trying to get paid promptly can develop into an amazing headache and this is the reason why you utilize truck factoring firms who are happy to help out truckers particularly.
As all of us understand, trucking is an surprisingly massive field with plenty of organizations out there handling hundreds of vehicle drivers. Regretfully, numerous of these drivers wind up in money problems simply because they are still expecting work from six weeks ago to actually compensate them. When this is the case for a truck organization, choosing factoring companies for aid might be the finest alternative left.
This signifies that a truck corporation can provide the wages of the staff, keep all the cars refilled with fuel and continue to go up, grow and expand without consistently waiting for the money which is taking too long to come in. Trucking Companies functioning without a factoring system put in place are leaving themselves at substantial threat, as contenders cash out rapidly and proceed to broaden.
There's genuinely very little to be stressed about when it comes to employing a Factoring company-- they commonly are not like a financial institution or a person who is going to leave you with a large stack of debt to repay. You give them genuine invoices from work you have already wrapped up , you are merely quickening the repayment process.
In the United states of America, where truck agencies prosper, factoring companies are not considered taking on loan in any capacity. This confidential arrangement then permits both parties to make money and indulge in a worry-free future-- it provides the factoring company a warranted resource of cash flow to include in the list and it furnishes the trucking company the needed funds that they worked hard to get.
The trucking business gives their statements to the factoring enterprise. The trucking factoring provider then take the payment amounts from the trucking company's clients. Factoring has been all around for centuries and has been used for several years by a lot of various fields-- but none exceeding so than truckers. While you could miss out on a small part of the money, something like 1-3 % depending on who you work with, it means that you are acquiring the finances today and can actually start off putting the funds to work.
Once and for all, an IOU or an invoice is certainly not going to finance overheads, is it? For trucking enterprises when the funds can be fantastic one day and gone the next, it is up to the vehicle drivers to work prudently and to make sure they are leaving themselves with a notable amount of time and finance to get through the week up until they are paid for once again.
So the next instance your trucking company is enduring some temporary capital dilemmas and you are devoting an excessive amount of time chasing inactive paying customers, why not begin thinking of utilizing a factoring companies as a way to get your finances and give yourself a more convenient future in the eyes of your trucking crew and your bank balance?
Traditional Bank Loans
Bank loans are an extremely traditional way for a business to get financing. While these loans are handy they are not available to every business. As an example, a newly formed business may not have the required assets to qualify for a bank loan, and even if they did, it is usual practise for a bank to use the business itself as collateral. This means that if you default on your loan payment you could lose your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Once the loan is paid off, you can then apply for another loan if the need arises.
What Are Trucking Factoring Companies?
Trucking Factoring companies do not give loans, and the money you get from the Trucking Factoring company does not put you in debt. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. Trucking Factoring companies actually purchase your accounts receivable or at least part of them for a percentage of their total worth, Normally around 80%-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once you have set up Trucking Factoring account it continues as long as you wish it too and the amount of money available to you even can grow as your business grows, giving you the ready cash you need to meet your own obligations.
What Are The Benefits Of A Trucking Factoring Company Versus A Traditional Bank Loan?
Not every business can benefit from Trucking Factoring account financing because you have to have a business with accounts receivable, however there are many benefits for those who can access this type of finance.
1. There is no debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. This has many benefits including the fact, that this type of financing will not affect either your business credit rating or your personal credit rating. Should the unforeseeable happen and your business fails, you will not have to worry about anyone coming after your personal as well as your business assets to pay off a loan. The debt goes onto your credit report with a bank loan, with only one missed payment adversely affecting your business credit: it would also affect your ability to secure insurance, and may reflect on your personal credit rating as well.
2. There's no collateral required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. In addition, while the Trucking Factoring company does run a credit check on your customers whose accounts receivables are offered for financing, the state of your credit is not an issue. This makes it easier for fledgling businesses to get the financing they need through a Trucking Factoring company (as long as their accounts receivables are in good order) then from a bank, who may not feel that you have been in business long enough to be worth the risk of issuing you a loan.
3. You'll receive the money faster. Using a Trucking Factoring company means that you'll get the finance quicker. Once the Trucking Factoring company assures itself that the customers in your accounts receivable are likely to pay their debt, the money is usually in the account within 24 hours. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.
4.Interest is Paid Up Front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.
As you can see, there are several benefits that makes considering financing through a Trucking Factoring company over a traditional bank worthwhile. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very efficient at debt collecting, and this frees up your valuable time to devote to running your company.
In addition, since the Trucking Factoring company evaluates the credit quality of your customers prior to purchasing the accounts receivable you gain valuable information into which customers are likely to pay and which ones are not so likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.